partners all the key areas: business, economy, politics and culture. European Union Green Paper report or a management consultant in 2010 despite the adverse economic effects and classification of Vietnam in trade and investment in 2009, the second largest in Vietnam, the second largest investor (in practice, FDI), the first partner for the export market As the European Union, confirmed. 2010 Green Paper describes how Vietnam can successfully overcome the economic crisis, but it € ™ s government in 2010 to continue the action reduces the negative effects. € oVietnamese government began an economic picture for 2009 and 2010 is worthy of praise. Reduction in trade barriers between the global economic crisis and Vietnam's GDP growth rate, however, because of repression by the government for this sector is above average export €?, Mr. Sean Doyle said.

Maintain the incentive for the development, so far, less competitive state-owned enterprises, went in 2010 the creation of air pressure, and years.According 2010 Green Paper on the need to privilege, a direct to retailers 12200000000 challenge the U.S. trade deficit due to decreased exports $ (Vietnam General Department of Statistics -9.7%). Meanwhile, the Green Paper proposes that the 2010 world market prices also contributed to the decrease in exports in 2009. A Green Paper's recommendations that instead of importing consumer goods from € ™, the Vietnamese government supported the establishment of export industries to the local supply chain.

Other partners, compared with the Vietnamese trade relations with the European Union (EU) exports affected with an average rate (the crisis) only 14.4% and imports (EU) 2.2%, and 14 fell from an increase of , and 4 import (EU) increased by 2.2 percent. About 20.4% of Vietnamese products to the U.S. in 2009 will consume the second largest market for Vietnamese products. This confirms the strong relationship between the EU and Vietnam.EU aquatic Vietnamese and U.S. $ 1100000000 $ 1900000000 shoes and products with a value of U.S. imports footwear remains the largest market for aquatic products. European Union Vietnamese textiles (U.S. $ 1.7 billion, or 3.1% less than last year) remains the second largest importer. To win Vietnam's trade surplus with the European Union continues to Euro3.77 billion in bilateral trade. In fact, the EU trade relations with Vietnam has helped reduce the trade deficit. Indeed, Vietnam's trade deficit mainly because of trade deficit with China: U.S. $ 12200000000 Vietnam trade deficit in 2009, the U.S. trade deficit with China was $ 11.3.

Green Paper, the absence of local supply chain (as a result of Vietnam had to import large quantities of machinery and materials represent 90% of the value of) the biggest challenge the trade deficit and related issues (eg foreign exchange deficit, budget deficit and is as volatile exchange) rates, legal framework book and clothing, footwear, aquatic products, pharmaceuticals, banking, etc.2010 Directors' Report and the development of important industries such as the European Union's Green Paper of 2010 Detailed analysis is an annual publication of the European Union and members of the embassies of the EU delegation in Vietnam. Vietnam economy and a detailed analysis of the business in 2009 and I quarter of 2010, as well as Vietnam's economy the most important areas are also present.

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